Master of Financial Mathematics
3.9 /5
- Public University
Faculty of Science
Talk to ExpertMaster of Financial Mathematics at Monash University Overview
Master of Financial Mathematics
at Monash University
Monash University offers courses at PG level. The course lasts for a duration of 1 to 2 years. It is among the top-ranked courses in the country. To be eligible for the course, the students must fulfil the eligibility criteria, which includes valid score in exams such as IELTS. The Monash University tuition fee for Master of Financial Mathematics for the first year is AUD 44,500. Also, the students have to make budget for the other costs which includes
- Rent
- Hostel fees
- Food
- Books
- Supplies
- Utilities, etc.
Duration | 1 - 2 years |
Tuition & Fees | ₹25.46 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Financial Mathematics
Table of contents
Master of Financial Mathematics at Monash University Fees
Master of Financial Mathematics
at Monash University
Students can pursue Monash University Master of Financial Mathematics at an affordable cost. The university tuition fees for the program is AUD 44,500. Apart from tuition fees, students also manage additional costs such as Hostel and Meals, Transportation, Books and Supplies, Personal Expenses, etc. The total expense may vary at the university, depending on the additional charges levied by the Monash University.
Students can check the table below for Monash University Master of Financial Mathematics fee breakup:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 25,46,290 |
Calculated at the exchange rate of 1 AUD = INR 57.22 | Tuition & expenses were last updated on 3ʳᵈ October 2024Download exam sample paper
IELTS
IELTS
Duolingo
PTE
Master of Financial Mathematics at Monash University Entry Requirements
Master of Financial Mathematics
at Monash University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- 65%
- Read less
- Applicants who satisfy the below condition will complete the degree in 2 years:
- An undergraduate degree (equivalent to an Australian undergraduate degree) with a strong mathematical content with at least a 65% average
- Completion of units of mathematics with an emphasis on multivariable calculus, linear algebra, probability, statistics and differential equations
- Applicants who satisfy the below condition will complete the degree in 1.5 years:
- An Australian graduate certificate/diploma (or equivalent) with a strong mathematical content* with at least a 65% average
- Applicants who satisfy the below condition will complete the degree in 1 year:
- A four-year Australian honours degree (or equivalent) in mathematics with at least 65% average
- Applicants who satisfy the below condition will complete the degree in 2 years:
Convert your GPA to Percentage
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GPA
Percentage
CGPA
Out of 4
PTE
- No specific cutoff mentioned
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Convert your GPA to Percentage
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 4
IELTS
- Marks - 6.5/9
- with no band less than 6.0
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
Duolingo
- No specific cutoff mentioned
Sign-up to view details
Master of Financial Mathematics at Monash University Rankings
Master of Financial Mathematics
at Monash University
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #41 | |
| #67 |
Master of Financial Mathematics at Monash University Placements
Master of Financial Mathematics
at Monash University
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
Monash UniversityStudents Ratings & Reviews
3.9/5
24 Verified ReviewsStudent Views (Based on Reviews)
- 69% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Friendly
Multi-dimensional
Stressful
Internships3.3
Part time work3.3
Post study jobs3.5
Quality of faculty4.3
Student Life4.1
Value for money3.5
Public transportation4.2
Safety4.5
Indian Food4.3
Permanent Immigration3.6
R
Rishiraj Sinharay
Master of Data Science - Batch of 2023
Offered by Monash University
4.6
A truly rewarding and holistic international experience.
Tips: The course is demanding as in it demands time and genuine effort. Especially in units like Statistics and Machine Learning. Those are the toughest units. It is easier if you prepare before each class and start working on the assignments on time. Unlike colleges in India, you need to put in a lot of self studying hours to understand concepts. Your professors and tutors are there to help you with questions and doubts. But at the end of the day it feels good because you know you put in effort and it worked out and you genuinely learned something.
I enrolled through IDP so I got a small scholarship of 10000 AUD. Monash as a university is very exciting. There is always some fun event going on which is open for all.
Likes (Indian Food): Clayton is full of Indian and Asian restaurants. You would never miss Indian food. Plus there are numerous options. Even in the city, there are multiple options to try different cuisines. Everything is available. There are numerous Indian stores in Clayton for Indian groceries as well.
Dislikes (Internships): There is some competition as opportunities are less but its still possible to land internships. The university has career services in Monash Connect. You can book appointments and consult with them regarding how to approach the job market. But Monash itself focuses a lot on research, so if you network well, it can lead to internships within the university. Various clubs organise networking events for students and there are private organisations in the city who organise networking events too.
Total Monthly ExpenseAUD 2500
Prepping time for classes35 hours/Week
Expected Annual SalaryAUD 75000
(1) 1 person found this helpfulA
Anonymous
Bachelor of Engineering (Honours) and Bachelor of Computer Science - Batch of 2026
Offered by Monash University
4.2
Learning, growing and loving the uni life.
Tips:
Before joining, students should be prepared for being comfortable stepping out of their comfort zones. The people are actually very nice over here and love to have short talks. The cultural shift was noticeable - especially the independence and direct communication - but I adjusted over time. I received a 10,000 AUD partner scholarship, which was directly deducted from my one-year fee. Overall, I'm happy with my course, the university, and the experience here in Australia.
Dislikes (Public transportation): The V line services often experience disruptions, delays and planned works which can be quite inconvenient. On weekends and public holidays the frequency of trains tends to drop leading to long gaps between services. The campus is connected to the city via train and bus.
Total Monthly ExpenseAUD 2200
Prepping time for classes50 hours/Week
Expected Annual SalaryAUD 70500
A
ANUJ RANJAN
Bachelor of Software Engineering (Honours) - Batch of 2027
Offered by Monash University
3.5
It is a great college and international exposure is great.
Tips: Monash offers great academics and a diverse campus, but tuition and living costs are high. Adjusting was tough at first due to a new academic style and independent culture, but the diverse, friendly campus made it easier to settle. I did not get any scholarships.
Likes (Indian Food): There are plenty of food options from my country of origin available around the Clayton area. Grocery stores and supermarkets also stock Indian items and ingredients. I often prefer cooking at home, but it's great to have affordable and authentic options when I want to have something great.
Dislikes (Value for money): It is very expensive to study at Monash University, and while the faculty members and teaching are good, I don't think that the extremely high tuition or around AU$ 200,000 is justified. The value does not match the investment as it places a very big burden on student and parents.
Total Monthly ExpenseAUD 1250
Prepping time for classes34 hours/Week
Expected Annual SalaryAUD
R
Raiwat Kumar
Bachelor of Science and Bachelor of Computer Science - Batch of 2026
Offered by Monash University
3.6
A balanced journey, growth, challenges, and opportunities as an international student.
Tips: Student should know that while this college offers a wide range of opportunities both academic and extra curricular requires self initiative, professors and staff are supportive but you need to be protective about attending events seeking, help and building your network time management is key, especially if you're juggling studies with part time work. Also don't expect things to be handed to you. You will get the most out of the experience if you actively participate in what's happening on campus. The transition was challenging at first especially as an international student and there was definitely a cultural shift. People are more individualistic and open in how they communicate. The education system is also different focusing more on independent learning, critical thinking and research based assignments. At the same time, their cultural diversity on campus helps me quickly. I made friends from different countries and which really helped open my mind and help me feel more included. I received the international student merit-based scholarship. The process involves submitting my academic transcript and personal statement during my application. It wasn't a full scholarship, but it offered a partial tuition fee, which was helpful in reducing final pressure.
Total Monthly ExpenseAUD 2775
Prepping time for classes23 hours/Week
Expected Annual SalaryAUD 23375
V
Varun Shroff
Master of Data Science - Batch of 2026
Offered by Monash University
3.9
Good facilities and teaching staff, but somewhat expensive.
Tips: Students should know that it won’t be easy to study at this university. You will be in a new country and a new environment and you’ll have to do a lot of the work on your own so it won’t be easy at first. But once you get used to it you’ll do really well and your life will change. You’ll also learn to be more disciplined, which will help you a lot.
Likes (Safety): There are guards security personnel and cameras that make you feel safe. The staff and people around you are also really good and easy to approach, and we have Monash Connect where we can go and talk about any problems with them whether academic or even personal.
Dislikes (Indian Food): There aren’t enough vegetarian options available especially for the morning 8 am classes. It makes it difficult for people who are vegetarians because it’s difficult to cook their own meals every day. If there were some vegetarian choices I think it would be really helpful.
Total Monthly ExpenseAUD 2500
Prepping time for classes20 hours/Week
Expected Annual SalaryAUD 65150
View All 26 Reviews
Master of Financial Mathematics at Monash University Highlights
Master of Financial Mathematics
at Monash University
- Master of Financial Mathematics is offered by Faculty of Science under Monash University, Australia.
This a Masters level program of a course duration of 1-2 Years.
Download the brochure to read more details of this course.
Master of Financial Mathematics at Monash University Scholarships
Master of Financial Mathematics
at Monash University
Scholarship information is not available. You can apply to non-college specific scholarships available for
Australia.
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Tasneem Hoda is a Content Creator and Writer working for Shiksha.com. Her role includes developing and maintaining web pages for international universities at the Shiksha Study Abroad Portal, ensuring accuracy, completeness, and alignment with instit...Read Full Bio
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Master of Financial Mathematics at Monash University Contact Information
Master of Financial Mathematics
at Monash University
Address
Scenic Blvd, Clayton, Victoria 3800, Australia
Melbourne ( Victoria)
Phone
Go to College Website ->